Growth Metrics

RLX Technology (RLX) Equity Ratio (2019 - 2025)

RLX Technology filings provide 7 years of Equity Ratio readings, the most recent being 0.88 for Q4 2025.

  • On a quarterly basis, Equity Ratio fell 7.41% to 0.88 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.88, a 7.41% decrease, with the full-year FY2025 number at 0.87, down 7.99% from a year prior.
  • Equity Ratio hit 0.88 in Q4 2025 for RLX Technology, down from 0.93 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.97 in Q1 2023 to a low of 0.79 in Q2 2021.
  • Median Equity Ratio over the past 5 years was 0.94 (2024), compared with a mean of 0.91.
  • Biggest five-year swings in Equity Ratio: soared 122.3% in 2021 and later fell 7.41% in 2025.
  • RLX Technology's Equity Ratio stood at 0.83 in 2021, then increased by 14.86% to 0.95 in 2022, then rose by 0.77% to 0.96 in 2023, then dropped by 0.88% to 0.95 in 2024, then fell by 7.41% to 0.88 in 2025.
  • The last three reported values for Equity Ratio were 0.88 (Q4 2025), 0.93 (Q3 2025), and 0.93 (Q2 2025) per Business Quant data.